CVM Supplier Diversity Blog

We rely on data to make hundreds of business decisions every day, ranging from the seemingly inconsequential to the potentially monumental. The sum of these decisions can be the difference between success and failure. But too often we are working with incomplete, inconsistent, or even incorrect data from which few, if any, actionable insights can be discovered. Our shareholders rely on us to make the best possible decisions. We need accurate, up-to-date information to select the best choice and bring the most value.

For diverse suppliers looking to partner with more big companies, diverse certification can’t be beat.

In our 2018 State of Supplier Diversity reports, 92 percent of the minority-owned businesses that participated in the survey stated they were formally certified as such. Moreover, 87 percent of women-owned businesses, 94 percent of small businesses, and 92 percent of LGBTQ businesses answered yes when asked if they were certified. Although our survey tends to draw organizations active in the supplier diversity community, the numbers still tell a story: Diverse certifications matter.

About CVM Solutions

For over a decade CVM's mission has remained unchanged: lead the transformation of Supplier Diversity program management and support Supplier Diversity programs. CVM helps corporate supplier diversity programs in every stage of their evolution; from those that are just getting started, to the most advanced, world-class programs. Equipped with unparalleled data intelligence, superior technology and expertise guidance, businesses can effectively establish and advance their Supplier Diversity initiatives.